Yesterday we touched upon the differences between mining Bitcoin vs other currencies, and today we will talk more about how you can set yourself up for success with your mining enterprise. This article will bring you the most benefit if you're already mining Bitcoin or some other crypto currency. We are going to take a look at…
Alt coins
Bitcoin is the most popular among all crypto-currencies in the market. So, when it comes to choosing what type of crypto-currency is most profitable to mine, the answer that makes most sense is Bitcoin. There are at least 710 such currencies for trading as of 2016. However, only 26 have market capitalization of more than $10…
The central securities depository of the Russian Federation or The National Settlement Depository (NSD) was successful in developing and testing an electronic (e-proxy) voting system that operates on a distributed ledger built with the NXT blockchain. The NSD with headquarters in Moscow is a member of the Moscow Exchange. It is a non-banking credit organization,…
During the last couple of weeks, there's been considerable discussion on the main differences between Zcash and bitcoin, and how they affect one another's values, considering the fact that both are priced fairly high, when compared to most of the other digital currencies available on the market. With this in mind, there are structural similarities between…
The way the developers like to explain what is Zcash is through an anecdote comparing Bitcoin to http and Zcash to https. This makes a lot of sense, since Bitcoin, unlike Zcash is completely transparent. Zcash in contrast allows users to hide sender, receiver and value information of transaction. The way it does this is…
It's difficult to judge a coin at the beginning as you have no idea how many people it's attracted and how many of the people investing in it actually think the coin has a chance.
Given that, if you're just looking at a coin to trade or a coin that you'd like to support, here are…
Lisk is relatively new altcoin which was launched on May 24th, 2016. Lisk is a decentralized cryptocurrency such as Bitcoin and Ethereum. It uses a unique new approach to blockchain mining though. It has what it calls Delegated Proof of Stake. In this system, you basically vote for 101 “delegates”, and these are the only…
Why is Monero (XMR) rising so fast?
Many altcoins have been pumped and dumped before, but XMR is a much different case. If you've monitored the price of the coin over the last few months, it's spiked from nearly 0.003 BTC to almost 0.025. How and why is it rising? We've got the info.
Why is it…
Why do they fail? How do they fail?
If you've ever tried trading altcoins before, you know there is lots of profit that can be had out there but also a fair share of risk. But why do some altcoins fail? How do some skyrocket?There are a few key things that can guarantee an altcoin's…
Peercoin is a decentralized cryptocurrency that is based on Bitcoin. The main difference between Bitcoin and Peercoin is that Bitcoin uses Proof of Work whereas Peercoin hosts a Proof of Stake system (more details on this later). Peercoin is an innovative altcoin with a bright future.
Difference between proof of work and proof of stake
Proof…